Everyone knows that investing in gold is the most profitable at the moment. But in order to invest in it, you don't have to buy whole bars. There are several ways to buy gold on the exchange, and each has its own advantages.
It is necessary
- Computer with internet access
- Free funds for investments
Instructions
Step 1
Not the most profitable, but the most obvious way to buy gold is physical. You shouldn't buy bars and jewelry (the purchase is taxed and will hardly increase in price much), but you should take a closer look at the rare collectible coins. The purchase of gold coins is not taxed, and if its circulation is limited, then in a couple of decades you will be able to receive colossal interest on your investment.
Step 2
You can buy gold by investing in metal securities. No taxes and high liquidity. One paper is something like 3 grams of gold. You can buy shares from brokers working with exchanges that trade in World Gold Council (GBS) shares. Practice trading on the exchange by opening a trial account at one of the many online brokers. Once you feel confident, you can start buying paper gold.
Step 3
You can buy gold by investing in shares of mining companies. This is the most difficult way to invest - after all, the rise and fall of shares depends on the value of gold only indirectly. You need to be well-versed in the securities market, monitor the quotes and activities of the selected company every day, buy and sell. Check the stock market news bulletins before buying any particular mining company stock.
